ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Annual report pursuant to Section 13 and 15(d)

VARIABLE INTEREST ENTITIES (Details)

v3.8.0.1
VARIABLE INTEREST ENTITIES (Details)
$ in Millions
 3 Months Ended 12 Months Ended
Dec. 31, 2017
USD ($)
Sep. 30, 2017
USD ($)
Jun. 30, 2017
USD ($)
Mar. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Sep. 30, 2016
USD ($)
Jun. 30, 2016
USD ($)
Mar. 31, 2016
USD ($)
Dec. 31, 2017
USD ($)
item
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Assets and liabilities of VIE Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Current assets $ 5,979 Ìý Ìý Ìý $ 3,555 Ìý Ìý Ìý $ 5,979 $ 3,555 Ìý
Property, plant and equipment, net 3,098 [1] Ìý Ìý Ìý 3,034 [1] Ìý Ìý Ìý 3,098 [1] 3,034 [1] $ 3,170
Other noncurrent assets [1] 497 Ìý Ìý Ìý 472 Ìý Ìý Ìý 497 472 Ìý
Deferred income taxes 208 Ìý Ìý Ìý 253 Ìý Ìý Ìý 208 253 Ìý
Intangible assets [1] 56 Ìý Ìý Ìý 43 Ìý Ìý Ìý 56 43 Ìý
Goodwill 140 Ìý Ìý Ìý 121 Ìý Ìý Ìý 140 121 Ìý
Total assets 10,244 Ìý Ìý Ìý 9,189 Ìý Ìý Ìý 10,244 9,189 Ìý
Current liabilities 3,265 Ìý Ìý Ìý 1,778 Ìý Ìý Ìý 3,265 1,778 Ìý
Long-term debt [1] 2,258 Ìý Ìý Ìý 4,122 Ìý Ìý Ìý 2,258 4,122 Ìý
Deferred income taxes 264 Ìý Ìý Ìý 371 Ìý Ìý Ìý 264 371 Ìý
Other noncurrent liabilities [1] 1,086 Ìý Ìý Ìý 1,057 Ìý Ìý Ìý 1,086 1,057 Ìý
Total liabilities 6,873 Ìý Ìý Ìý 7,722 Ìý Ìý Ìý 6,873 7,722 Ìý
Revenues, income from continuing operations before income taxes and net cash provided by operating activities for our variable interest entities Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Revenues 2,203 $ 2,169 $ 2,054 $ 1,932 1,904 $ 1,831 $ 1,968 $ 1,815 8,358 7,518 8,139
Income from continuing operations before income taxes Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 647 474 488
Net cash provided by operating activities Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý $ 1,219 1,088 575
Number of variable interests of additional joint ventures held prior to Separation | item Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 2 Ìý Ìý
Rubicon, Arabian Amines, and Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Assets and liabilities of VIE Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Current assets 114 Ìý Ìý Ìý 103 Ìý Ìý Ìý $ 114 103 Ìý
Property, plant and equipment, net 283 Ìý Ìý Ìý 279 Ìý Ìý Ìý 283 279 Ìý
Other noncurrent assets 116 Ìý Ìý Ìý 99 Ìý Ìý Ìý 116 99 Ìý
Deferred income taxes 33 Ìý Ìý Ìý 43 Ìý Ìý Ìý 33 43 Ìý
Intangible assets 10 Ìý Ìý Ìý 10 Ìý Ìý Ìý 10 10 Ìý
Goodwill 14 Ìý Ìý Ìý 12 Ìý Ìý Ìý 14 12 Ìý
Total assets 570 Ìý Ìý Ìý 546 Ìý Ìý Ìý 570 546 Ìý
Current liabilities 163 Ìý Ìý Ìý 131 Ìý Ìý Ìý 163 131 Ìý
Long-term debt 86 Ìý Ìý Ìý 114 Ìý Ìý Ìý 86 114 Ìý
Deferred income taxes 12 Ìý Ìý Ìý 10 Ìý Ìý Ìý 12 10 Ìý
Other noncurrent liabilities 98 Ìý Ìý Ìý 76 Ìý Ìý Ìý 98 76 Ìý
Total liabilities 359 Ìý Ìý Ìý $ 331 Ìý Ìý Ìý 359 331 Ìý
Revenues, income from continuing operations before income taxes and net cash provided by operating activities for our variable interest entities Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Revenues Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 132 97 130
Income from continuing operations before income taxes Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 25 15 36
Net cash provided by operating activities Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý $ 51 $ 50 $ 66
Rubicon LLC Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Variable interest entity ownership percentage Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 50.00% Ìý Ìý
Arabian Amines Company Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Variable interest entity ownership percentage Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 50.00% Ìý Ìý
Assets and liabilities of VIE Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Long-term debt $ 86 Ìý Ìý Ìý Ìý Ìý Ìý Ìý $ 86 Ìý Ìý
Sasol ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ GmbH and Co. KG Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Identification of variable interest entities through investments and transactions Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Variable interest entity ownership percentage Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý 50.00% Ìý Ìý
[1] At DecemberÌý31, 2017 and December 31, 2016, respectively, $15 and $20 of cash and cash equivalents, $11 and $10 of restricted cash, $35 and $21 of accounts and notes receivable (net), $46 and $45 of inventories, $7 and $5 of other current assets, $283 and $279 of property, plant and equipment (net), $10 each of intangible assets (net), $43 and $37 of other noncurrent assets, $109 and $89 of accounts payable, $32 and $30 of accrued liabilities, $21 and $12 of current portion of debt, $86 and $114 of longterm debt, and $98 and $76 of other noncurrent liabilities from consolidated variable interest entities are included in the respective Balance Sheet captions above. See “NoteÌý7. Variable Interest Entities.â€�